NIBE Industrier AB (XSWX:NIBEB) Degree of Operating Leverage : 15.48 (As of Mar. 2026)

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XSWX:NIBEB NIBE Industrier AB XSWX:NIBEB
83 GF Score
Price CHF3.28
GF Value CHF3.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is NIBE Industrier AB Degree of Operating Leverage?

NIBE Industrier AB XSWX:NIBEB +1.89% 83 Degree of Operating Leverage is 15.48 as of Mar. 2026. GuruFocus rates XSWX:NIBEB with a GF Score™ of 83/100 and a GF Value™ of CHF3.75 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,741 Construction companies, NIBE Industrier AB ranks worse than 88.91% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. NIBE Industrier AB's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was 15.48. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for NIBE Industrier AB's Degree of Operating Leverage or its related term are showing as below:

XSWX:NIBEB's Degree of Operating Leverage is ranked worse than
88.91% of 1741 companies
in the Construction industry
Industry Median: 1 vs XSWX:NIBEB: 15.48

NIBE Industrier AB  (XSWX:NIBEB) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


NIBE Industrier AB Degree of Operating Leverage Related Terms


NIBE Industrier AB Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for NIBE Industrier AB's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NIBE Industrier AB Degree of Operating Leverage Chart

NIBE Industrier AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.05 1.07 4.70 68.93

NIBE Industrier AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 -5.35 -107.61 68.93 15.48

XSWX:NIBEB vs TT, JCI, CARR: Degree of Operating Leverage Comparison

For the Building Products & Equipment subindustry, NIBE Industrier AB's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NIBE Industrier AB Degree of Operating Leverage vs Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where NIBE Industrier AB's Degree of Operating Leverage falls into.


XSWX:NIBEB
83GF Score
NIBE Industrier AB XSWX:NIBEB
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIBE Industrier AB Degree of Operating Leverage Calculation

NIBE Industrier AB's Degree of Operating Leverage for the quarter that ended in Mar. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 358.701 (Mar. 2026) / 336.21 (Mar. 2025) - 1 )/( 3473.999 (Mar. 2026) / 3419.128 (Mar. 2025) - 1 )
=0.0669/0.016
=4.17***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

What does a Degree of Operating Leverage of 15.48 mean?
NIBE Industrier AB (XSWX:NIBEB) has a Degree of Operating Leverage of 15.48 as of Mar. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for NIBE Industrier AB and its competitors. According to the industry distribution chart, NIBE Industrier AB ranks #1548 out of 1741 companies in the Construction industry, placing it in the top 88.9%.
Is NIBE Industrier AB's Degree of Operating Leverage too high?
NIBE Industrier AB's current Degree of Operating Leverage is 15.48. The Construction industry median Degree of Operating Leverage is 1.00. NIBE Industrier AB's value of 15.48 is 1448% above this industry median. Based on the distribution chart, NIBE Industrier AB ranks #1548 out of 1741 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, NIBE Industrier AB has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's Degree of Operating Leverage compare to TT and JCI?
According to the Construction industry distribution chart, NIBE Industrier AB ranks #1548 out of 1741 companies for Degree of Operating Leverage. This places NIBE Industrier AB in the lower half of its industry. The industry median Degree of Operating Leverage is 1.00. NIBE Industrier AB's value of 15.48 is 1448% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Construction company?
The median Degree of Operating Leverage among Construction companies is 1.00, based on 1,741 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIBE Industrier AB's current Degree of Operating Leverage of 15.48 is 1448% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for NIBE Industrier AB and its competitors. For the Construction industry, the median Degree of Operating Leverage is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIBE Industrier AB's current Degree of Operating Leverage is 15.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIBE Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, NIBE Industrier AB (XSWX:NIBEB) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF3.75, compared to a current price of CHF3.28 — trading 12.5% below its estimated fair value. The current Degree of Operating Leverage is 15.48 and 1448% above the Construction industry median of 1.00. NIBE Industrier AB's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For NIBE Industrier AB (XSWX:NIBEB), the current Degree of Operating Leverage is 15.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NIBE Industrier AB (XSWX:NIBEB) Overvalued in 2026?

Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued. The current stock price of CHF3.28 is trading 12.5% below its estimated GF Value™ of CHF3.75. GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.

Key valuation signals for XSWX:NIBEB:

  • Degree of Operating Leverage: 15.48
  • GF Value™: CHF3.75 vs. price of CHF3.28 (12.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 1448% above the Construction median (#1548 of 1741)

No single metric tells the full story. See the XSWX:NIBEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIBE Industrier AB Business Description

Address Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.
83GF Score

Get the complete analysis for XSWX:NIBEB

Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF3.28
Price
CHF3.75
GF Value